The document discusses brand extension strategies used by the clothing brand Park Avenue. It began as a men's clothing brand and later launched a women's line called Park Avenue Woman. It has also extended into accessories like ties and belts and men's toiletries like soap and deodorant. The analysis found that these extensions maintained the brand's values of being premium, stylish, and targeting young professionals. Some risks of brand extension include diluting the original brand image if extensions do not live up to expectations or cannibalizing existing product sales. The strategy can be effective if extensions augment the core brand proposition and provide a complete solution for consumers.
In this presentation on brand-building, I focus on brand extensions, and discuss types of brand extensions, what to ensure when extending a brand as well as corporate brand extensions that are rarely discussed.
I explain brand extensions and why companies resort to them, and I also outline the dangers of over-extension. More importantly, I urge companies to put their brand and customers at the centre of all brand extensions.
This presentation follows the one on brand differentiation and deals with the subject of brand integration between product and corporate brands, between several corporate brands within a conglomerate, and with newly acquired brands.
It attempts to explain the need for brand integration and ways in which it can be achieved. You will find links to the relevant pages on my blog site, where I have written more in detail on the brands concerned.
In this presentation on brand-building, I focus on brand extensions, and discuss types of brand extensions, what to ensure when extending a brand as well as corporate brand extensions that are rarely discussed.
I explain brand extensions and why companies resort to them, and I also outline the dangers of over-extension. More importantly, I urge companies to put their brand and customers at the centre of all brand extensions.
This presentation follows the one on brand differentiation and deals with the subject of brand integration between product and corporate brands, between several corporate brands within a conglomerate, and with newly acquired brands.
It attempts to explain the need for brand integration and ways in which it can be achieved. You will find links to the relevant pages on my blog site, where I have written more in detail on the brands concerned.
Seven Steps for Revitalizing Your BrandR. Jay Olson
If the time has come to re-energize your brand, follow this proven framework to get your CEO and executive team behind you to mobiliize your initiative, and ensure your company's investment drives profitable long-term growth and asset valuation.
This presentation has my preliminary thoughts on the subject of brand valuations, which is an important part of brand-building nowadays.
Here, I focus on what brand valuation should be based on, what should be its components and what metrics should form part of it. I talk about the four critical dimensions of a brand and their components, as well as how they relate to each other.
Brand valuations can be for corporate brands as well as product brands. They can also be specific to an industry as well as cross-industry. It is important to focus on the right dimensions and their metrics for each type of brand valuation exercise.
A study on customer perceptions of leading deodorant brands in kolkataRupai Bhadra
FMCG industry, especially in deodorant sector there has been severe competition among the MNCs, national and local players. The deodorant can be divided into three customer segments: Female, Male and Teenager. In this scenario, it is very important for marketers to know the consumer behavior with respect to deodorant, which will be very useful in adopting suitable strategies. This research paper attempts to analyze the brand loyalty, satisfaction, awareness, and switching behavior of consumers regarding deodorants.
It also examines the factors influencing brand choices. As they say, brand name hardly matters when it comes to deodorant, but consumers are becoming more brands loyal with these products. Since, a deodorant product comes under personal care products division, consumers has taken it as significant part of their life. Those brands, with which a consumer can connect their self, are the most preferred brand.
Seven Steps for Revitalizing Your BrandR. Jay Olson
If the time has come to re-energize your brand, follow this proven framework to get your CEO and executive team behind you to mobiliize your initiative, and ensure your company's investment drives profitable long-term growth and asset valuation.
This presentation has my preliminary thoughts on the subject of brand valuations, which is an important part of brand-building nowadays.
Here, I focus on what brand valuation should be based on, what should be its components and what metrics should form part of it. I talk about the four critical dimensions of a brand and their components, as well as how they relate to each other.
Brand valuations can be for corporate brands as well as product brands. They can also be specific to an industry as well as cross-industry. It is important to focus on the right dimensions and their metrics for each type of brand valuation exercise.
A study on customer perceptions of leading deodorant brands in kolkataRupai Bhadra
FMCG industry, especially in deodorant sector there has been severe competition among the MNCs, national and local players. The deodorant can be divided into three customer segments: Female, Male and Teenager. In this scenario, it is very important for marketers to know the consumer behavior with respect to deodorant, which will be very useful in adopting suitable strategies. This research paper attempts to analyze the brand loyalty, satisfaction, awareness, and switching behavior of consumers regarding deodorants.
It also examines the factors influencing brand choices. As they say, brand name hardly matters when it comes to deodorant, but consumers are becoming more brands loyal with these products. Since, a deodorant product comes under personal care products division, consumers has taken it as significant part of their life. Those brands, with which a consumer can connect their self, are the most preferred brand.
This workshop builds a foundation for how to identify, evaluate and pursue successful new product introductions for existing brands. It proposes a new definition for what it means to be “on brand,” and outlines an approach for determining when a potential new business opportunity is brand-enhancing or brand-detracting. Specific topics covered include: 1) determining a brand’s “bounds of extendibility,” 2) using brand as a source of inspiration for business-building ideas, and 3) testing/validating new business opportunities within the context of an existing brand. The workshop uses a combination of best and worst practices, B2B and B2C context, and practical and real-world examples.
Corantor is a hi-tech global company with a traditionally low profile. Until recently, if you asked anyone if he knew the corantor brand name, the like hood was that he would say yes. However, he might not have known what Corantor provides in the way of its total product range, and might have associated the brand name and company with traditional technology.
The "Let's Make Things Better" global brand campaign has raised the corantor profile, and provided it with a more focused and distinctive personality.
From your point of view, what did corantor do to build its strong Brand and be well known by every one?
Not every product is a Brand. And your company has a lot of products to sell. Tell a success story from inside your company about turning, building, re-launching a brand what are the steps that were used towards this brand, or launch a new brand in to the market. And mention from your point of view and with understanding of the branding cycle what is/are the thing(s) that your company were missing that made this brand failing in the market, and what was the problem, and how did your company do to re-brand or re-launch it and made it a successful brand and be able to compete successfully in the market.
The debate about which to brand first the company or its brands, from your point of view supported by examples which comes first and why.
Also, tell us about your company and its Brands.
What did your company do to brand itself and what did it do to brand its products, and what are the positive things and negative things for branding itself first and if branding its products first.
In this session, students will see how branding influences advertising as a brand act as an identity for the product in the market. A marketer should take into consider all the good and negative points before naming a product.
In the vast landscape of cinema, stories have been told, retold, and reimagined in countless ways. At the heart of this narrative evolution lies the concept of a "remake". A successful remake allows us to revisit cherished tales through a fresh lens, often reflecting a different era's perspective or harnessing the power of advanced technology. Yet, the question remains, what makes a remake successful? Today, we will delve deeper into this subject, identifying the key ingredients that contribute to the success of a remake.
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Scandal! Teasers June 2024 on etv Forum.co.zaIsaac More
Monday, 3 June 2024
Episode 47
A friend is compelled to expose a manipulative scheme to prevent another from making a grave mistake. In a frantic bid to save Jojo, Phakamile agrees to a meeting that unbeknownst to her, will seal her fate.
Tuesday, 4 June 2024
Episode 48
A mother, with her son's best interests at heart, finds him unready to heed her advice. Motshabi finds herself in an unmanageable situation, sinking fast like in quicksand.
Wednesday, 5 June 2024
Episode 49
A woman fabricates a diabolical lie to cover up an indiscretion. Overwhelmed by guilt, she makes a spontaneous confession that could be devastating to another heart.
Thursday, 6 June 2024
Episode 50
Linda unwittingly discloses damning information. Nhlamulo and Vuvu try to guide their friend towards the right decision.
Friday, 7 June 2024
Episode 51
Jojo's life continues to spiral out of control. Dintle weaves a web of lies to conceal that she is not as successful as everyone believes.
Monday, 10 June 2024
Episode 52
A heated confrontation between lovers leads to a devastating admission of guilt. Dintle's desperation takes a new turn, leaving her with dwindling options.
Tuesday, 11 June 2024
Episode 53
Unable to resort to violence, Taps issues a verbal threat, leaving Mdala unsettled. A sister must explain her life choices to regain her brother's trust.
Wednesday, 12 June 2024
Episode 54
Winnie makes a very troubling discovery. Taps follows through on his threat, leaving a woman reeling. Layla, oblivious to the truth, offers an incentive.
Thursday, 13 June 2024
Episode 55
A nosy relative arrives just in time to thwart a man's fatal decision. Dintle manipulates Khanyi to tug at Mo's heartstrings and get what she wants.
Friday, 14 June 2024
Episode 56
Tlhogi is shocked by Mdala's reaction following the revelation of their indiscretion. Jojo is in disbelief when the punishment for his crime is revealed.
Monday, 17 June 2024
Episode 57
A woman reprimands another to stay in her lane, leading to a damning revelation. A man decides to leave his broken life behind.
Tuesday, 18 June 2024
Episode 58
Nhlamulo learns that due to his actions, his worst fears have come true. Caiphus' extravagant promises to suppliers get him into trouble with Ndu.
Wednesday, 19 June 2024
Episode 59
A woman manages to kill two birds with one stone. Business doom looms over Chillax. A sobering incident makes a woman realize how far she's fallen.
Thursday, 20 June 2024
Episode 60
Taps' offer to help Nhlamulo comes with hidden motives. Caiphus' new ideas for Chillax have MaHilda excited. A blast from the past recognizes Dintle, not for her newfound fame.
Friday, 21 June 2024
Episode 61
Taps is hungry for revenge and finds a rope to hang Mdala with. Chillax's new job opportunity elicits mixed reactions from the public. Roommates' initial meeting starts off on the wrong foot.
Monday, 24 June 2024
Episode 62
Taps seizes new information and recruits someone on the inside. Mary's new job
Tom Selleck Net Worth: A Comprehensive Analysisgreendigital
Over several decades, Tom Selleck, a name synonymous with charisma. From his iconic role as Thomas Magnum in the television series "Magnum, P.I." to his enduring presence in "Blue Bloods," Selleck has captivated audiences with his versatility and charm. As a result, "Tom Selleck net worth" has become a topic of great interest among fans. and financial enthusiasts alike. This article delves deep into Tom Selleck's wealth, exploring his career, assets, endorsements. and business ventures that contribute to his impressive economic standing.
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Early Life and Career Beginnings
The Foundation of Tom Selleck's Wealth
Born on January 29, 1945, in Detroit, Michigan, Tom Selleck grew up in Sherman Oaks, California. His journey towards building a large net worth began with humble origins. , Selleck pursued a business administration degree at the University of Southern California (USC) on a basketball scholarship. But, his interest shifted towards acting. leading him to study at the Hills Playhouse under Milton Katselas.
Minor roles in television and films marked Selleck's early career. He appeared in commercials and took on small parts in T.V. series such as "The Dating Game" and "Lancer." These initial steps, although modest. laid the groundwork for his future success and the growth of Tom Selleck net worth. Breakthrough with "Magnum, P.I."
The Role that Defined Tom Selleck's Career
Tom Selleck's breakthrough came with the role of Thomas Magnum in the CBS television series "Magnum, P.I." (1980-1988). This role made him a household name and boosted his net worth. The series' popularity resulted in Selleck earning large salaries. leading to financial stability and increased recognition in Hollywood.
"Magnum P.I." garnered high ratings and critical acclaim during its run. Selleck's portrayal of the charming and resourceful private investigator resonated with audiences. making him one of the most beloved television actors of the 1980s. The success of "Magnum P.I." played a pivotal role in shaping Tom Selleck net worth, establishing him as a major star.
Film Career and Diversification
Expanding Tom Selleck's Financial Portfolio
While "Magnum, P.I." was a cornerstone of Selleck's career, he did not limit himself to television. He ventured into films, further enhancing Tom Selleck net worth. His filmography includes notable movies such as "Three Men and a Baby" (1987). which became the highest-grossing film of the year, and its sequel, "Three Men and a Little Lady" (1990). These box office successes contributed to his wealth.
Selleck's versatility allowed him to transition between genres. from comedies like "Mr. Baseball" (1992) to westerns such as "Quigley Down Under" (1990). This diversification showcased his acting range. and provided many income streams, reinforcing Tom Selleck net worth.
Television Resurgence with "Blue Bloods"
Sustaining Wealth through Consistent Success
In 2010, Tom Selleck began starring as Frank Reagan i
Meet Dinah Mattingly – Larry Bird’s Partner in Life and Loveget joys
Get an intimate look at Dinah Mattingly’s life alongside NBA icon Larry Bird. From their humble beginnings to their life today, discover the love and partnership that have defined their relationship.
As a film director, I have always been awestruck by the magic of animation. Animation, a medium once considered solely for the amusement of children, has undergone a significant transformation over the years. Its evolution from a rudimentary form of entertainment to a sophisticated form of storytelling has stirred my creativity and expanded my vision, offering limitless possibilities in the realm of cinematic storytelling.
Experience the thrill of Progressive Puzzle Adventures, like Scavenger Hunt Games and Escape Room Activities combined Solve Treasure Hunt Puzzles online.
From Slave to Scourge: The Existential Choice of Django Unchained. The Philos...Rodney Thomas Jr
#SSAPhilosophy #DjangoUnchained #DjangoFreeman #ExistentialPhilosophy #Freedom #Identity #Justice #Courage #Rebellion #Transformation
Welcome to SSA Philosophy, your ultimate destination for diving deep into the profound philosophies of iconic characters from video games, movies, and TV shows. In this episode, we explore the powerful journey and existential philosophy of Django Freeman from Quentin Tarantino’s masterful film, "Django Unchained," in our video titled, "From Slave to Scourge: The Existential Choice of Django Unchained. The Philosophy of Django Freeman!"
From Slave to Scourge: The Existential Choice of Django Unchained – The Philosophy of Django Freeman!
Join me as we delve into the existential philosophy of Django Freeman, uncovering the profound lessons and timeless wisdom his character offers. Through his story, we find inspiration in the power of choice, the quest for justice, and the courage to defy oppression. Django Freeman’s philosophy is a testament to the human spirit’s unyielding drive for freedom and justice.
Don’t forget to like, comment, and subscribe to SSA Philosophy for more in-depth explorations of the philosophies behind your favorite characters. Hit the notification bell to stay updated on our latest videos. Let’s discover the principles that shape these icons and the profound lessons they offer.
Django Freeman’s story is one of the most compelling narratives of transformation and empowerment in cinema. A former slave turned relentless bounty hunter, Django’s journey is not just a physical liberation but an existential quest for identity, justice, and retribution. This video delves into the core philosophical elements that define Django’s character and the profound choices he makes throughout his journey.
Link to video: https://youtu.be/GszqrXk38qk
Panchayat Season 3 - Official Trailer.pdfSuleman Rana
The dearest series "Panchayat" is set to make a victorious return with its third season, and the fervor is discernible. The authority trailer, delivered on May 28, guarantees one more enamoring venture through the country heartland of India.
Jitendra Kumar keeps on sparkling as Abhishek Tripathi, the city-reared engineer who ends up functioning as the secretary of the Panchayat office in the curious town of Phulera. His nuanced depiction of a young fellow exploring the difficulties of country life while endeavoring to adjust to his new environmental factors has earned far and wide recognition.
Neena Gupta and Raghubir Yadav return as Manju Devi and Brij Bhushan Dubey, separately. Their dynamic science and immaculate acting rejuvenate the hardships of town administration. Gupta's depiction of the town Pradhan with an ever-evolving outlook, matched with Yadav's carefully prepared exhibition, adds profundity and credibility to the story.
New Difficulties and Experiences
The trailer indicates new difficulties anticipating the characters, as Abhishek keeps on wrestling with his part in the town and his yearnings for a superior future. The series has reliably offset humor with social editorial, and Season 3 looks ready to dig much more profound into the intricacies of rustic organization and self-awareness.
Watchers can hope to see a greater amount of the enchanting and particular residents who have become fan top picks. Their connections and the one of a kind cut of-life situations give a reviving and interesting portrayal of provincial India, featuring the two its appeal and its difficulties.
A Mix of Humor and Heart
One of the signs of "Panchayat" is its capacity to mix humor with sincere narrating. The trailer features minutes that guarantee to convey giggles, as well as scenes that pull at the heartstrings. This equilibrium has been a critical calculate the show's prosperity, resounding with crowds across different socioeconomics.
Creation Greatness
The creation quality remaining parts first rate, with the beautiful setting of Phulera town filling in as a scenery that upgrades the narrating. The meticulousness in portraying provincial life, joined with sharp composition and solid exhibitions, guarantees that "Panchayat" keeps on hanging out in the packed web series scene.
Expectation and Delivery
As the delivery date draws near, expectation for "Panchayat" Season 3 is at a record-breaking high. The authority trailer has previously created critical buzz, with fans enthusiastically anticipating the continuation of Abhishek Tripathi's excursion and the new undertakings that lie ahead in Phulera.
All in all, the authority trailer for "Panchayat" Season 3 recommends that watchers are in for another drawing in and engaging ride. Yet again with its charming characters, convincing story, and ideal mix of humor and show, the new season is set to enamor crowds. Write in your schedules and prepare to get back to the endearing universe of "Panchayat."
Skeem Saam in June 2024 available on ForumIsaac More
Monday, June 3, 2024 - Episode 241: Sergeant Rathebe nabs a top scammer in Turfloop. Meikie is furious at her uncle's reaction to the truth about Ntswaki.
Tuesday, June 4, 2024 - Episode 242: Babeile uncovers the truth behind Rathebe’s latest actions. Leeto's announcement shocks his employees, and Ntswaki’s ordeal haunts her family.
Wednesday, June 5, 2024 - Episode 243: Rathebe blocks Babeile from investigating further. Melita warns Eunice to stay clear of Mr. Kgomo.
Thursday, June 6, 2024 - Episode 244: Tbose surrenders to the police while an intruder meddles in his affairs. Rathebe's secret mission faces a setback.
Friday, June 7, 2024 - Episode 245: Rathebe’s antics reach Kganyago. Tbose dodges a bullet, but a nightmare looms. Mr. Kgomo accuses Melita of witchcraft.
Monday, June 10, 2024 - Episode 246: Ntswaki struggles on her first day back at school. Babeile is stunned by Rathebe’s romance with Bullet Mabuza.
Tuesday, June 11, 2024 - Episode 247: An unexpected turn halts Rathebe’s investigation. The press discovers Mr. Kgomo’s affair with a young employee.
Wednesday, June 12, 2024 - Episode 248: Rathebe chases a criminal, resorting to gunfire. Turf High is rife with tension and transfer threats.
Thursday, June 13, 2024 - Episode 249: Rathebe traps Kganyago. John warns Toby to stop harassing Ntswaki.
Friday, June 14, 2024 - Episode 250: Babeile is cleared to investigate Rathebe. Melita gains Mr. Kgomo’s trust, and Jacobeth devises a financial solution.
Monday, June 17, 2024 - Episode 251: Rathebe feels the pressure as Babeile closes in. Mr. Kgomo and Eunice clash. Jacobeth risks her safety in pursuit of Kganyago.
Tuesday, June 18, 2024 - Episode 252: Bullet Mabuza retaliates against Jacobeth. Pitsi inadvertently reveals his parents’ plans. Nkosi is shocked by Khwezi’s decision on LJ’s future.
Wednesday, June 19, 2024 - Episode 253: Jacobeth is ensnared in deceit. Evelyn is stressed over Toby’s case, and Letetswe reveals shocking academic results.
Thursday, June 20, 2024 - Episode 254: Elizabeth learns Jacobeth is in Mpumalanga. Kganyago's past is exposed, and Lehasa discovers his son is in KZN.
Friday, June 21, 2024 - Episode 255: Elizabeth confirms Jacobeth’s dubious activities in Mpumalanga. Rathebe lies about her relationship with Bullet, and Jacobeth faces theft accusations.
Monday, June 24, 2024 - Episode 256: Rathebe spies on Kganyago. Lehasa plans to retrieve his son from KZN, fearing what awaits.
Tuesday, June 25, 2024 - Episode 257: MaNtuli fears for Kwaito’s safety in Mpumalanga. Mr. Kgomo and Melita reconcile.
Wednesday, June 26, 2024 - Episode 258: Kganyago makes a bold escape. Elizabeth receives a shocking message from Kwaito. Mrs. Khoza defends her husband against scam accusations.
Thursday, June 27, 2024 - Episode 259: Babeile's skillful arrest changes the game. Tbose and Kwaito face a hostage crisis.
Friday, June 28, 2024 - Episode 260: Two women face the reality of being scammed. Turf is rocked by breaking
Young Tom Selleck: A Journey Through His Early Years and Rise to Stardomgreendigital
Introduction
When one thinks of Hollywood legends, Tom Selleck is a name that comes to mind. Known for his charming smile, rugged good looks. and the iconic mustache that has become synonymous with his persona. Tom Selleck has had a prolific career spanning decades. But, the journey of young Tom Selleck, from his early years to becoming a household name. is a story filled with determination, talent, and a touch of luck. This article delves into young Tom Selleck's life, background, early struggles. and pivotal moments that led to his rise in Hollywood.
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Early Life and Background
Family Roots and Childhood
Thomas William Selleck was born in Detroit, Michigan, on January 29, 1945. He was the second of four children in a close-knit family. His father, Robert Dean Selleck, was a real estate investor and executive. while his mother, Martha Selleck, was a homemaker. The Selleck family relocated to Sherman Oaks, California. when Tom was a child, setting the stage for his future in the entertainment industry.
Education and Early Interests
Growing up, young Tom Selleck was an active and athletic child. He attended Grant High School in Van Nuys, California. where he excelled in sports, particularly basketball. His tall and athletic build made him a standout player, and he earned a basketball scholarship to the University of Southern California (U.S.C.). While at U.S.C., Selleck studied business administration. but his interests shifted toward acting.
Discovery of Acting Passion
Tom Selleck's journey into acting was serendipitous. During his time at U.S.C., a drama coach encouraged him to try acting. This nudge led him to join the Hills Playhouse, where he began honing his craft. Transitioning from an aspiring athlete to an actor took time. but young Tom Selleck became drawn to the performance world.
Early Career Struggles
Breaking Into the Industry
The path to stardom was a challenging one for young Tom Selleck. Like many aspiring actors, he faced many rejections and struggled to find steady work. A series of minor roles and guest appearances on television shows marked his early career. In 1965, he debuted on the syndicated show "The Dating Game." which gave him some exposure but did not lead to immediate success.
The Commercial Breakthrough
During the late 1960s and early 1970s, Selleck began appearing in television commercials. His rugged good looks and charismatic presence made him a popular brand choice. He starred in advertisements for Pepsi-Cola, Revlon, and Close-Up toothpaste. These commercials provided financial stability and helped him gain visibility in the industry.
Struggling Actor in Hollywood
Despite his success in commercials. breaking into large acting roles remained a challenge for young Tom Selleck. He auditioned and took on small parts in T.V. shows and movies. Some of his early television appearances included roles in popular series like Lancer, The F.B.I., and Bracken's World. But, it would take a
240529_Teleprotection Global Market Report 2024.pdfMadhura TBRC
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to $70.77 billion in 2028 at a compound annual
growth rate (CAGR) of 26.0%.
Maximizing Your Streaming Experience with XCIPTV- Tips for 2024.pdfXtreame HDTV
In today’s digital age, streaming services have become an integral part of our entertainment lives. Among the myriad of options available, XCIPTV stands out as a premier choice for those seeking seamless, high-quality streaming. This comprehensive guide will delve into the features, benefits, and user experience of XCIPTV, illustrating why it is a top contender in the IPTV industry.
From the Editor's Desk: 115th Father's day Celebration - When we see Father's day in Hindu context, Nanda Baba is the most vivid figure which comes to the mind. Nanda Baba who was the foster father of Lord Krishna is known to provide love, care and affection to Lord Krishna and Balarama along with his wife Yashoda; Letter’s to the Editor: Mother's Day - Mother is a precious life for their children. Mother is life breath for her children. Mother's lap is the world happiness whose debt can never be paid.
Create a Seamless Viewing Experience with Your Own Custom OTT Player.pdfGenny Knight
As the popularity of online streaming continues to rise, the significance of providing outstanding viewing experiences cannot be emphasized enough. Tailored OTT players present a robust solution for service providers aiming to enhance their offerings and engage audiences in a competitive market. Through embracing customization, companies can craft immersive, individualized experiences that effectively hold viewers' attention, entertain them, and encourage repeat usage.
Meet Crazyjamjam - A TikTok Sensation | Blog EternalBlog Eternal
Crazyjamjam, the TikTok star everyone's talking about! Uncover her secrets to success, viral trends, and more in this exclusive feature on Blog Eternal.
Source: https://blogeternal.com/celebrity/crazyjamjam-leaks/
Meet Crazyjamjam - A TikTok Sensation | Blog Eternal
Brand extension by bhawani nandan prasad mba, iim calcutta
1. Brand Extension by Bhawani Nandan Prasad - MBA, IIM Calcutta
Brand extension is a marketing strategy in which a firm marketing a product with a well-
developed image uses the same brand name in a different product category.
Organisations use this strategy to increase and leverage brand equity
Two FMCG companies P&G (Procter & Gamble) and Unilever are concentrating on big
brands that generate sales of more than $1 billion. P&G recently launched two new
products using brand extension: new biodegradable wipes named Kandoo, launched
under Pampers parent brand, and a new product for washing cars under Mr. Clean
parent brand.
Brand Extension is the use of a successful brand name to launch a new or modified
product or service. Explain this strategy with suitable examples.
Park Avenue is one of the many brands offered by the Raymond Group. It provides
stylish and innovative wardrobe solutions and is famous for its good fittings. The brand
provides formal clothing for various occasions like regular office wear, high powered
corporate meetings and festivals. Park Avenue started off as a men’s wear brand. In
2007 ‘Park Avenue Woman’, a range of business wear for women was launched. It is
designed for the working women professionals of today.
Brand Proposition of the original product- Park Avenue Men’s Wear
The rationale for using the name Park Avenue for Raymond India’s ready to wear men’s
clothing was to give a western name which was synchronous with great fabric and great
fit.
The brand has over the years undergone many changes as it tries to reach out to the
urban young corporate consumer. While it started off as a brand that was fashionable
and meant for slightly older customers who trusted the Raymond heritage, the brand
repositioned itself later to tap the new managers, who wanted to be different, that
emerged in the 90s.
In 2000 the brand came up with the new positioning tagline- ‘Start Something New’. The
brand launched a new print and television campaign in order to shed its old image and
target the young entrepreneurs who were emerging in the booming IT era. It realized
that these young consumers wanted to be different and break away from the traditional
ways to start something new.
Analysis of the Brand “Park Avenue”
Target Audience: The brand targets young middle class corporate employee who are
fashion conscious but need to wear formal clothes on a daily basis. The brand also has a
secondary audience in the form of older men which is primarily due to the strong
heritage that this brand has.
2. Brand Personality: Park Avenue symbolizes a person (male) who likes to explore the
unknown, do something different. He has an entrepreneurial spirit and wants to be
a leader in everything he does. He is a person who wants to express himself and his
style through his clothes.
Key Brand Values: The key brand values are- Smart, innovative, different, exciting,
premium, trusted. We also believe that the brand also stood for masculinity before
venturing into female clothing.
Example of Brand Extensionsby Park Avenue
The brand has extended into:
Accessories: Ties, belts, shoes, cufflinks
Men’s Toiletries: Soaps, deodorants, aftershave, shaving cream, talcum powder, gels
Analysis on the basis of Criteria for Brand Extensions:-
Extension Category:
The new category into which a brand extends should be in line with the nature of the parent
brand and sometimes even the expertise it represents.
Accessories: While extending into accessories, Park Avenue leveraged its expertise in
clothing and the association that consumers make with looking good in a corporate/formal
environment. This is a natural extension for the brand to give consumers the full range of
formal dressing-right from clothes to belts and shoes.
Men’s Toiletries: Men’s toiletries are an extended part of a man’s looks. The products in this
category which fit in line with the brand Park Avenue
The value perception
A successful brand extension has to ensure that there is consistency in the value perception
of the brand in the new category as compared to in the original category
Accessories: The accessories that Park Avenue sells are premium and elegant due to which
they fit in with the values that the brand stands for.
The description for accessories as follows:
Shoes: Crafted from fine European leather and finished with a lustrous shine.
Ties: Complete your ensemble with the perfect tie from Park Avenue. These exquisite woven
and printed ties come in various designs. These silk ties give a new meaning to the term
power dressing. From these descriptions, it is clear that Park Avenue continues to maintain
the premium, classy, new age, youthful image that it has built in clothing.
Men’s Toiletries: The deodorants and perfumes that they sell have a label which reads as
follows-“Genuine French Eau De Parfum” with information on the pulse points which act as
mini fragrance pumps. The French fragrance again adds uniqueness to the perfume which is
in line with the brand values. The logic behind entering perfumes and deodorants was that
research showed that there was no major perfume brand in the men’s market.
3. On analyzing the distribution strategy of Park Avenue’s toiletries, we saw that the
company’s distribution strategy is in line with its pricing strategy. Park Avenue soaps and
deodorants are available at normal general stores. Perfumes are available at supermarkets
unlike big brands which are available only in shopping malls. The perfumes, which are priced
at around Rs. 450, need to be made available easily to the middle class consumer. We felt
that the pricing strategy in toiletries was in line with the pricing in clothing which is to
appeal to the middle class consumer.
On the whole we felt that Park Avenue’s brand extensions maintained the original values of
the parent brand.
Competitive Edge
The last criterion we used for analyzing the brand extensions was to see the competitive
edge. A great brand in one category need not always offer a competitive difference over
other brands in another category. It is necessary for the brand to offer consumers some
advantage in order for them to adopt the product in the new category.
What are the pitfalls in brand extension strategy?
a) Dilution of the existing brand image: underlines that the extensions are using the most
important asset of the company that i.e. its brand name. It can be a major advantage for the
extension but it represents as well a huge risk for the existing brand because the brand image
can be diluted. Park, McCarthy & Milberg, (1993, p60) said that those positive and negative
consequences are “reciprocity effects” and defined as “a change in the initial customer’s
behavior regarding the brand, after an extension”. She explains that a brand extension can
damage the brand. A dilution of the brand capital can happen by the occurrence of undesirable
associations or by the weakening of the existing associations. This latter can be a consequence
of new associations transferred from the extension.
b) an accident occurring with a product can lead to tarnish the image of the all brand. In addition,
it is sometimes difficult to associate one brand to two products without weakening the brand
position in the customer’s mind.
c) Cannibalization: The extensions can cannibalize the existing products of the brand when there
are positioned in a close market. It means the extensions sales are increasing while those of the
existing brand’s products are following the opposite curved.
Example of Brand Extension failure
Following are example of brand extension failure in India:-
i. Rasna Ltd. - Is among the famous soft drink companies in India. But when it tried to move away
from its niche, it hasn’t had much success. When it experimented with fizzy fruit drink
“Oranjolt”, the brand bombed even before it could take off. Oranjolt was a fruit drink in which
carbonates were used as preservative. It didn’t work out because it was out of synchronization
with retail practices. Oranjolt need to be refrigerated and it also faced quality problems. It has a
shelf life of three-four weeks, while other soft- drinks assured life of five months.
4. ii. Ponds toothpaste is a classic case of product failure by extension. Brands need to be careful to
choose the territory in which they tread. Brands need to be cautious while choosing the territory
in which they tread. Lack of proper research before entry into a new market or segment can
lead to catastrophic results which include wasting of big sum of money on product development
and marketing.
HUL brand Ponds successfully moved from cold cream to other extensions such as Age defying
creams, soap, shampoo & talc, because the basic premise of protection for the skin and freedom
from wear and tear remained the same, while as in case of Ponds toothpaste its failed even
though both the product are also to be used for cleanness and freshness.
With toothpaste we clean & then spit it out, whereas with cream, soap or shampoo we apply it
externally. Thus perception of cleanness and freshness is taken so differently in different
products. Even-though the attributes are same, soap & toothpaste yet the market does not
perceive it to be same.
How does brand extension strategy could augment a core product and value proposition that set
it apart from competitors?
Presence: Initially consumers become aware that such a brand exists. It’s very important for
a brand to have a solid base as it builds on this (i.e. only those who are aware of the brand
are likely to consider it for further evaluation). Success of this stage primarily depends on
effective communication & word of mouth (which in turn depends on performance, the
third stage of this pyramid).
Relevance: Out of those who are aware of the brand, some find its proposition relevant to
their needs. This is the stage where a brand gets into the consideration set of prospective
consumers.
Performance: If the first two stages of the brand has invoked enough interest in the
consumers’ mind then they experiment with the brand. Those who find its performance
satisfactory at this stage put the brand into their repeat consideration set.
Advantage: Those consumers who are satisfied at the 3rd stage of pyramid, start repeating
the brand & their interaction with the brand starts. At this stage they start experiencing the
‘extra advantages’ that the brand offers to them.
Bonding: Out of those who have found extra advantages about the brand, some interact
very frequently & intensely with the brand & form an emotional bond with the brand.
Example
Look at how various extensions have strengthened ‘Park Avenue’ overall as a brand:
Presence: As ‘Park Avenue’ did advertisement (especially Print ads) of accessories & some
toiletries (especially soap), it strengthened base (presence) of the ‘Park Avenue’ brand.
Relevance: By evolving as a “complete grooming solution”, they have increased their
relevance to the consumer.
Performance & Advantage: Here the brand values of ‘Park Avenue’ which were transferred
to extensions boosted these two levels of the brand pyramid.
5. Bonding: Consumers’ bonding with the brand increased as it gave them ‘a complete
grooming solution’.